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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > STOCK IS IN PLAY
View:
Post by goldman777 on Feb 13, 2019 8:06pm

STOCK IS IN PLAY

Pretty obvious to me that there is currently an initative in play to accumulate. The sector has enjoyed robust gains as of late and yet HIP has not participated. Large lots continually bring the asks down to surpress the upward movement of the s/p while those in the know accumulate. Company does not have to halt until they have material news to release. My bet is that Newstrike will be taken outr soon and insiders are padding their positions while they keep the s/p down - pretty obvious.
Comment by goldman777 on Feb 13, 2019 8:18pm
and while the unsophisticated investors capitulate an opportunity arises on the buy side - very cheap here. That being said, I could be wrong - maybe a bad crop, maybe cash burn is killing the company, the TSO is still a concern...maybe a consolidation is being considered and money in the know is getting out of the way. Maybe management should be more forth coming with updates, this experimental ...more  
Comment by mystique1 on Feb 13, 2019 11:15pm
Goldman......you make many good points and ask many good questions - a lot of information  most of us would like to hear. 
Comment by flyboy27 on Feb 14, 2019 7:27am
Way over sold chart....... https://www.barchart.com/stocks/quotes/HIP.VN/interactive-chart
Newstrike Brands Ltd
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